Glossary of Shipping Terms:
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D&H
Abbreviation for "Dangerous and Hazardous" cargo.
D.B.A.
Abbreviation for "Doing Business As." A legal term for
conducting business under a registered name.
DDC
Abbreviation for "Destination Delivery Charge." A
charge, based on container size, that is applied in many tariffs to cargo. This charge is
considered accessorial and is added to the base ocean freight. This charge covers crane
lifts off the vessel, drayage of the container within the terminal and gate fees at the
terminal operation.
Deadhead
One leg of a move without a paying cargo load. Usually
refers to repositioning an empty piece of equipment.
Deadweight Cargo
A long ton of cargo that can be stowed in less than 40 cubic feet.
Deadweight
The number of tons of 2,240 pounds that a vessel can transport of
cargo, stores and bunker fuel. It is the difference between the number of tons of water a
vessel displaces "light" and the number of tons it displaces when submerged to
the "load line."
Deconsolidation Point
Place where loose or other non-containerized cargo is ungrouped
for delivery.
Deficit Weight
The weight by which a shipment is less than the minimum weight.
Delivery Instructions
Order to pick up goods at a named place and deliver them to a
pier. Usually issued by exporter to trucker but may apply to a railroad, which completes
delivery by land. Use is limited to a few major U.S. ports. Also known as shipping
delivery order.
DEMDES
Demurrage/Despatch money. (Under vessel chartering terms,
the amount to be paid if the ship is loading/discharging slower/faster than foreseen.)
Demurrage
A penalty charge against shippers or consignees for delaying the
carrier's equipment beyond the allowed free time. The free time and demurrage
charges are set forth in the charter party or freight tariff.
- See also Detention and Per Diem.
Density
The weight of cargo per cubic foot or other unit.
Depot, Container
Container freight station or a designated area where empty
containers can be picked up or dropped off.
Despatch
An incentive payment paid to a carrier to loading and unloading
the cargo faster than agreed. Usually negotiated only in charter parties.
Destination
- The place to which a shipment is consigned.
- The place where carrier actually turns over cargo to consignee or his agent.
Destination Control Statements
Various statements that the U.S. government requires to be
displayed on export shipments. The statements specify the authorized destinations.
Detention
A penalty charge against shippers or consignees for delaying
carrier's equipment beyond allowed time. Demurrage applies to cargo; detention applies to
equipment. See Per Diem.
Devanning
The unloading of a container or cargo van.
DF Car
DamageFree Car. Boxcars equipped with special bracing
material.
Differential
An amount added or deducted from base rate to make a rate to or
from some other point or via another route.
Discrepancy Letter of Credit
When documents presented do not conform to the requirements of the
letter of credit (L/C), it is referred to as a "discrepancy." Banks will not
process L/C's which have discrepancies. They will refer the situation back to the buyer
and/or seller and await further instructions.
Displacement
The weight, in tons of 2,240 pounds, of the vessel and its
contents. Calculated by dividing the volume of water displaced in cubic feet by 35, the
average density of sea water.
Diversion
A change made either in the route of a shipment in transit (see
Reconsignment) or of the entire ship.
Division
Carriers' practice of dividing revenue received from through rates
where joint hauls are involved. This is usually according to agreed formulae.
Dock
- For ships, a cargo handling area parallel to the shoreline where
a vessel normally ties up.
- For land transportation, a loading or unloading platform at an industrial location or
carrier terminal.
Dock Receipt
A form used to acknowledge receipt of cargo and often serves as
basis for preparation of the ocean bill of lading.
Docket
Present a rate proposal to a conference meeting for adoption as a
conference group rate.
Documents Against Acceptance (D/A)
Instructions given by a shipper to a bank indicating that
documents transferring title to goods should be delivered to the buyer only upon the
buyer's acceptance of the attached draft.
Documents Against Payment (D/P)
An indication on a draft that the documents attached are to be
released to the drawee only on payment.
Dolly
A set of wheels that support the front of a container; used when
the automotive unit is disconnected.
Door-to-Door
Through transportation of a container and its contents from
consignor to consignee. Also known as House to House. Not necessarily a through rate.
D.O.T.
Department of Transportation.
Draft
- The number of feet that the hull of a ship is beneath the
surface of the water.
- An unconditional order in writing, addressed by one party (drawer) to another party
(drawee), requiring the drawee to pay at a fixed or determinable future date a specified
sum in lawful currency to the order of a specified person.
Draft, Bank
An order issued by a seller against a purchaser; directs payment,
usually through an intermediary bank. Typical bank drafts are negotiable instruments and
are similar in many ways to checks on checking accounts in a bank.
Draft, Clean
A draft to which no documents are attached.
Draft, Date
A draft that matures on a fixed date, regardless of the time of
acceptance.
Draft, Discounted
A time draft under a letter of credit that has been accepted and
purchased by a bank at a discount.
Draft, Sight
A draft payable on demand upon presentation.
Draft, Time
A draft that matures at a fixed or determinable time after
presentation or acceptance.
Drawback
A partial refund of an import fee. Refund usually results because
goods are re-exported from the country that collected the fee.
Drawee
The individual or firm that issues a draft and thus stands to
receive payment.
Drayage
Charge made for local hauling by dray or truck. Same as Cartage.
DRFS
Abbreviation for "Destination Rail Freight Station."
Same as CFS at destination, except a DRFS is operated by the rail carrier participating in
the shipment.
DSU
Delay in Startup Insurance is a policy to protect the seller of a
construction project from penalties if the project is not completed on time.
See "Liquidated Damages."
Dry Cargo
Cargo that is not liquid and normally does not require temperature
control.
Dry-Bulk Container
A container constructed to carry grain, powder and other
free-flowing solids in bulk. Used in conjunction with a tilt chassis or platform.
Dumping
Attempting to import merchandise into a country at a price less
than the fair market value, usually through subsidy by exporting country.
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